Vietnam encourages investment projects in minerals, and is ready to exchange experience in management, exploitation and using of minerals with other ASEAN member countries so as to tap the mineral resources effectively for the socio-economic development, addressed Deputy Prime Minister Hoang Trung Hai.
Vietnam supports the building of policies on trade and investment in minerals applied to ASEAN member countries, to effectively implement the AMCAP during 2011-2015, Hai stressed.
The objective of AMCAP during 2011-2015 is to further boost the driving force of ASEAN minerals sector, with initiatives to expand trade and investment, cooperation and capability for minerals sustainable development, and for common prosperity of the whole community.
At AMMIN 3, participants approved strategies and plan of actions, including establishment of a mechanism to share information about minerals policies, and provision of favorable conditions for trade and investment in the field.
They agreed that the ASEAN minerals trust fund would grant financial support to projects and activities of the approved AMCAP 2011-2015 so as to boost minerals sustainable connectivity among ASEAN member countries.
Participants also reviewed the "Hanoi Declaration"on minerals sustainable development for the common prosperity of ASEAN bloc, and agreed that AMMIN 4 will be held in Indonesia.(*)
Xinhua/H-AK
Editor: Jafar M Sidik
Copyright © ANTARA 2011
